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$1,500,000

  • For Sale
  • Active
  • Commercial
  • 13,515 Sq. Ft.
  • Updated 3 days ago
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Excellent investment opportunity to acquire a 15-unit multifamily property at 3721-3725 W Flournoy St as part of a 51-unit portfolio package with the companion 36-unit property at 1217-1225 S Independence Blvd. Properties are being offered together as a package and are not intended to be sold separately. Flournoy is listed at $1,500,000 and Independence at $3,600,000, representing a combined portfolio price of $5,100,000. The property offers investors an opportunity to acquire an income-producing multifamily asset with additional potential through occupancy and operational improvements. Convenient Chicago location with access to public transportation, major thoroughfares and neighborhood amenities. Financial information and additional property details are available to qualified buyers. Package sale provides an opportunity to acquire 51 units across two multifamily properties in one transaction.

Full Property Details for 3721 W Flournoy St

General

  • Price: $1,500,000
  • HOA FEE: $12,563
  • Taxes: $16,008 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12735546
  • Updated: 9/14/2026
  • Added to Site: 10 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months, Month To Month

Location

  • Area: CHI - East Garfield Park
  • County: Cook
  • Driving Directions: Pulaski Rd to Flournoy St, east on Flournoy St to property
  • Location Details: Public Transport Avail, Freestanding/Urban, In City Limits

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Heating Type: Radiators

Utilities

  • Trash: 4046

Structural Information

  • Stories/Levels: 3
  • Square Feet: 13,515
  • Current Bldg. Use: Multi-Family
  • Year Built: 1926
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 15
  • Units w/Range/Oven: 15

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,687
  • Lot Dimensions: 6687 sq ft
  • Frontage: City Street, Paved
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $12,563
  • Insurance Fee: $31,199
  • Operating Expenses: $126,248
  • Other Fee: $10,196
  • Assessment Year: 1926
  • Tax Amount: $16,008
  • Tax Year: 2023
  • Tenant Pays: Electricity
  • Pays Electric: 2223
  • Pays Trash: 4046

Disclosures and Reports

  • Documents Avail.: Deed Restrictions, Rent Roll, Leases, Operating Statement
  • Property ID: 16143070080000

Listed by Exit Infinity Realty

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— 3721 W Flournoy St —

  • Exit Infinity Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3721 W Flournoy St

School District:Chicago Public School District 299
NameGradesDistance
Gregory Math & Sci Elementary Academy
3715 West Polk Street, Chicago, IL 60624
PK-80.1 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-111 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3721 W Flournoy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/07/2026
Listed
$1,500,000
-41.18%
MLS
10/17/2007
Sold
$2,550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3721 W Flournoy St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,289
-36%
$51,026
-33%
2023
$16,008
3%
$75,610
—
2022
$15,605
-34%
$75,610
-35%
2021
$23,469
31%
$116,324
45%
2020
$17,960
11%
$80,352
—
2019
$16,198
2%
$80,352
—
2018
$15,924
-2%
$80,352
7%
2017
$16,192
8%
$74,960
—
2016
$15,014
9%
$74,960
—
2015
$13,736
13%
$74,960
15%
2014
$12,105
33%
$65,240
30%
2013
$9,117
93%
$50,130
90%
2012
$4,730
—
$26,357
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3721 W Flournoy Street, Chicago, IL 60624 (MLS# 12735546) is a Commercial property. 3721 W Flournoy Street is currently listed for $1,500,000 and was received on September 07, 2026. Want to learn more about 3721 W Flournoy Street? Do you have questions about finding other Commercial real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.

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